STOCK-BASED COMPENSATION (Tables) - 2015 EIP Plan
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6 Months Ended |
Jun. 30, 2026 |
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| Stock Options |
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| STOCK-BASED COMPENSATION |
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| Schedule of stock option activity |
| | | | | | | | | | | | | | | | Weighted | | Weighted | | | | | | Number | | Average | | Average | | | | | | of | | Exercise | | Fair | | | | | | Options | | Price | | Value | | | | Outstanding as of January 1, 2026 | | 71,462 | | | 9.91 | | | 4.33 | | | | Granted | | — | | | — | | | — | | | | Exercised | | (2,178) | | | 9.91 | | | 4.33 | | | | Forfeited | | — | | | — | | | — | | | | | | | | | | | | | | | | Outstanding as of June 30, 2026 | | 69,284 | | $ | 9.91 | | $ | 4.33 | | | | | | | | | | | | | | | | Exercisable as of June 30, 2026 | | 69,284 | | $ | 9.91 | | $ | 4.33 | | | |
The following table summarizes certain information about the options outstanding as of June 30, 2026: | | | | | | | | | | | | | | | | | | | | Options Outstanding and Unvested, | | Options Outstanding and Exercisable, | | | | | June 30, 2026 | | June 30, 2026 | | Weighted | | | | | | | Weighted | | | | | | | Weighted | | Average | | | | Weighted | | Average | | | | Weighted | | Average | | Exercise Price of | | | | Average | | Remaining | | | | Average | | Remaining | | Outstanding | | Number of | | Exercise | | Contractual | | Number of | | Exercise | | Contractual | | Options | | Options | | Price | | Life | | Options | | Price | | Life | | $ | 9.91 | | — | | $ | — | | — | | 69,284 | | $ | 9.91 | | 0.65 | |
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| Restricted Stock Units |
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| STOCK-BASED COMPENSATION |
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| Summary of nonvested restricted stock units |
| | | | | | | | | | | Weighted | | | | Number of | | Average Grant | | | | RSUs | | Date Price | | Outstanding as of January 1, 2026 | | 634,884 | | $ | 15.98 | | Granted | | 252,189 | | | 22.41 | | Vested | | (318,578) | | | 16.36 | | Forfeited | | — | | | — | | | | | | | | | Outstanding as of June 30, 2026 | | 568,495 | | $ | 18.62 | |
The following table summarizes certain information of the RSUs unvested and vested outstanding as of June 30, 2026: | | | | | | | | | | | | Unvested RSUs | | Vested RSUs | | June 30, 2026 | | June 30, 2026 | | | | | | Weighted | | | | | | | | Weighted | | Average | | | | Weighted | | | | Average | | Remaining | | | | Average | | Number of | | Grant Date | | Contractual | | Number of | | Grant Date | | RSUs | | Price | | Life | | RSUs | | Price | | 568,495 | | $ | 18.62 | | 1.26 | | 331,750 | | $ | 14.24 | |
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| Schedule of nonvested stock amortization expense |
| | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | | June 30, | | June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | General and administrative expenses | | $ | 1,268 | | $ | 1,256 | | $ | 2,573 | | $ | 2,475 | |
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| Performance-Based Restricted Stock Units |
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| STOCK-BASED COMPENSATION |
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| Schedule of unvested PRSUs activity |
| | | | | | | | Number of | | Average Grant | | | PRSUs | | Date Price | Outstanding as of January 1, 2026 | | 244,857 | | $ | 18.88 | Granted | | 118,596 | | | 25.52 | Estimated change in performance award payout (a) | | 40,617 | | | 21.55 | Vested | | — | | | — | Forfeited | | — | | | — | | | | | | | Outstanding as of June 30, 2026 | | 404,070 | | $ | 21.09 |
| (a) | Represents the adjustment to previously granted PRSUs for the estimated change in performance award payout. |
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| Schedule of significant inputs used in the estimation of the fair value of awards granted |
| | | | | | | | For the Six Months Ended | | | | June 30, | | Significant Input | | 2026 | | 2025 | | Closing share price of our common stock | | $22.21 | | $14.85 | | Risk-free rate of return | | 3.37% | | 4.24% | | Expected volatility of our common stock | | 32.37% | | 38.99% | | Holding period discount | | 0% | | 0% | | Simulation term (in years) | | 2.87 | | 2.86 | | Range of target | | 0% to 200% | | 0% to 200% | |
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| Schedule of nonvested stock amortization expense |
| | | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | | June 30, | | June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | General and administrative expenses | | $ | 977 | | $ | 524 | | $ | 1,502 | | $ | 801 | |
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